Which of the following is impacted heavily by flexible costing, ABC, shifting the cost structure more towards variable costs, and reducing direct labor costs?
A)product innovation
B)production process innovation
C)supply chain management
D)management accounting systems

Question

Quizplus · Accepted Answer

Management accounting systems are heavily impacted by flexible costing as it allows for more accuracy and flexibility in tracking and allocating costs. Additionally, using activity-based costing (ABC) can help identify which activities drive costs and make it easier to allocate costs accordingly. Shifting towards variable costs can also make it easier to adjust costs based on fluctuations in demand or production levels. Lastly, reducing direct labor costs can improve efficiency and reduce overall costs.

Which of the Following Is Impacted Heavily by Flexible Costing